NEO/USD - 58% setup

Hello, Traders!

February correction took the form of consolidation. NEO is moving in a sideways range of $36.00 - $45.22 gaining strength to surge.

Entry in the position can be considered in the range of $42.75 - $45.22

Stop-loss can be placed under $38.60

Purchase targets will be Fibonacci extension levels based on the trend:
$ 54,16
$ 61,05
$ 67,94

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered as a financial advice
Beyond Technical AnalysisFundamental AnalysisNEOneolongNEWUSDTTrend Analysis

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